4 ms·
No, the last time the minimum wage was increased was 2009, not 30 years ago. The original federal minimum wage was .25 in 1938. If it had only kept up with in
by opo 6y ago
No, the last time the minimum wage was increased was 2009, not 30 years ago.
The original federal minimum wage was .25 in 1938. If it had only kept up with inflation it would only be about $4.55 today.
https://www.dol.gov/agencies/whd/minimum-wage/history/chart https://www.dol.gov/agencies/whd/minimum-wage/history/chart
If you are actually concerned about helping the poor, then as user scarface74 points out, increasing EITC is a better approach than a minimum wage increase.